Tag Archives: Rupee

INR hits 57, Reason for Rupee Weakness

By | June 6, 2013

Rupee breached the sacrosanct 57 mark in today’s trade which was last seen on 28 June 2012 plunged almost 5% for the month of May. Rupee is very near to its all time low of 57.32 Reason for Rupee Hitting 52 Week Low 1.Dollar trading at 3 year High As discussed US Dollar at 3-Year… Read More »

Reason for Rupee Depreciation against dollar

By | May 29, 2013

As discussed in Morning post Rupee is trading near 8.5 month low,it has plunged almost 3% for the week. FII have been pumping money in India from the start of 2013 and for May alone we have seen flows of  $3 Billion mainly in Equities and Debt market. Also with $5.9 Billion Dollar Open offer… Read More »

Forex:USD INR breakout ,Weekly Technical Analysis

By | May 13, 2013

As discussed last week USD INR is near an all important support of 53.84, Holding the same bounceback is expected. USD Crossed our Trend Deciding level 54.15 and achived our target of 54.98 . Lets analyze USD INR technical for coming week. USD INR 4 Hour Chart USD INR 4 hour chart has broken out… Read More »

Currency USD INR Technical Analysis

By | April 2, 2013

As per readers request discussing the USD INR technical analysis and Intraday trading levels. USD INR 4 Hour Chart USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner.    USD INR Daily Chart   Breakout on daily… Read More »

FII F&O Analysis before RBI March 2013 Policy

By | March 18, 2013

  1. FIIs sold 23908  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 699 cores with net Open Interest increasing by 16992 contracts. Financial Markets around the world, were rocked by Cyprus bailout, Read more about What is Cyprus Bailout Crisis 2. As CNX Nifty Future was down by 45 points,… Read More »